01 / Property Detail
DOWNTOWN RED DEER
203, 5116 52 Street , Red Deer, AB
$299,000
Commercial · MLS® A22908852,359Sq Ft
1994Year Built
02 / Overview
PROPERTY OVERVIEW
Turn-key Downtown Red Deer commercial condo, bay 2,359 ft², DC-28 zoning, fully refreshed in 2022. Bright second-floor space now laid out with a large open area, full wall of windows, 6 separate rooms/spaces, an open studio/showroom, kitchenette, washroom and a newly built reception area. Electrical rough-ins make it easy to subdivide into up to five private rooms. Recent upgrade includes a $12 k rooftop HVAC unit and modern flooring/fixtures. Super low condo fees work out cheaper than most downtown area...
03 / Details
PROPERTY DETAILS
Property TypeCommercial
Building TypeMixed Use
Total Finished Area2,359 sq ft
Lot Size2,416 sq ft
ZoningDC(28)
Year Built1994
04 / Commercial
COMMERCIAL METRICS
Commercial properties require specialized analysis. Contact us for cap rate and NOI calculations based on actual lease data.
Price per Sq Ft$1272,359 sq ft building
Building Size2,359 sq ftTotal building area
Property TypeRetailCommercial classification
ZoningDC(28)Use classification
Commercial investment inquiry?Contact us for detailed financial analysis
05 / Location
DOWNTOWN RED DEER
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Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A
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Listed by Ahmed Arshad · REMAX Innovations